Webtoon Entertainment Common Stock Probability of Future Stock Price Finishing Over 11.25
| WBTN Stock | 13.58 0.17 1.24% |
WEBTOON |
WEBTOON Entertainment Target Price Odds to finish over 11.25
The tendency of WEBTOON Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 11.25 in 90 days |
| 13.58 | 90 days | 11.25 | about 73.4 |
Based on a normal probability distribution, the odds of WEBTOON Entertainment to stay above 11.25 in 90 days from now is about 73.4 (This WEBTOON Entertainment Common probability density function shows the probability of WEBTOON Stock to fall within a particular range of prices over 90 days) . Probability of WEBTOON Entertainment price to stay between 11.25 and its current price of 13.58 at the end of the 90-day period is about 69.82 .
Given the investment horizon of 90 days WEBTOON Entertainment Common has a beta of -0.16. This entails as returns on the benchmark increase, returns on holding WEBTOON Entertainment are expected to decrease at a much lower rate. During a bear market, however, WEBTOON Entertainment Common is likely to outperform the market. Additionally WEBTOON Entertainment Common has an alpha of 0.2626, implying that it can generate a 0.26 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WEBTOON Entertainment Price Density |
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Predictive Modules for WEBTOON Entertainment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WEBTOON Entertainment. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WEBTOON Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
WEBTOON Entertainment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WEBTOON Entertainment is not an exception. The market had few large corrections towards the WEBTOON Entertainment's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold WEBTOON Entertainment Common, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WEBTOON Entertainment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | 0.08 |
WEBTOON Entertainment Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of WEBTOON Entertainment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WEBTOON Entertainment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WEBTOON Entertainment had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 1.28 B. Net Loss for the year was (144.76 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 88.0% of the company outstanding shares are owned by insiders | |
| Latest headline from MacroaxisInsider: Disposition of 22047 shares by David Lee of WEBTOON Entertainment at 13.05 subject to Rule 16b-3 |
WEBTOON Entertainment Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of WEBTOON Stock often depends not only on the future outlook of the current and potential WEBTOON Entertainment's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. WEBTOON Entertainment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.1 M | |
| Cash And Short Term Investments | 251.6 M |
WEBTOON Entertainment Technical Analysis
WEBTOON Entertainment's future price can be derived by breaking down and analyzing its technical indicators over time. WEBTOON Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEBTOON Entertainment Common. In general, you should focus on analyzing WEBTOON Stock price patterns and their correlations with different microeconomic environments and drivers.
WEBTOON Entertainment Predictive Forecast Models
WEBTOON Entertainment's time-series forecasting models is one of many WEBTOON Entertainment's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary WEBTOON Entertainment's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.